Thursday, 29 October 2020

Anti Aging Products Market Hit at a CAGR of 5.2% in terms of revenues from 2019 to 2025

 The global anti aging products market size is expected to reach USD 51.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% over the forecast period. Rising consumer awareness regarding personal grooming and increasing concerns over the adverse effects associated with aging are expected to have a positive impact on the market growth.

Anti Aging Product

Furthermore, growing awareness regarding the hazardous effects associated with the chemically processed anti-aging products is expected to promote the use of natural products. As of 2016, 57% of the U.S. women claimed to prefer natural skin care products for their daily usage. Therefore, consumers are increasingly preferring natural cosmetic oils and serums due to their ability to penetrate the skin easily.

The hair care segment is expected to be the fastest growing segment, expanding at a CAGR of 6.0% from 2019 to 2027. Aging is related to the loss of volume, hair thinning, and dryness. Therefore, rising importance of moisturizers, shampoo, and hair oils to cover grey hair, improve softness of hair, and increase shining features is expected to remain a favorable factor. Furthermore, growing application of hair care among men in order to maintain hair growth for a longer time is expected to be a key trend in the near future.

Supermarkets and hypermarkets was the largest segment, accounting for over 50.0% share of the global revenue in 2018. Availability of a wide range of products in a same selling window is a major factor driving the consumers to purchase from supermarkets. It has been observed that majority of the consumers prefer this distribution channel due to the availability of products. The online category is expected to be the fastest growing category as consumer preferences are shifting towards e-commerce portals due to the convenience of doorstep delivery services.

North America accounted for more than 35.0% share of the global revenue in 2018. High consumer spending on maintaining personal appearance is contributing to the market growth. To prevent the sign of aging, one-third of the U.S. adults use anti-aging products on a daily basis. Asia Pacific is expected to be the fastest growing region from 2019 to 2025. Growing disposable income and rising consumer awareness regarding the usage of anti-aging skin care in emerging economies including China and India are driving the market.

Key industry participants include Estée Lauder Inc.; Bioderma; Procter & Gamble; PhotoMedex, Inc.; Beiersdorf Limited; Lumenis; Clarin’s; Kiehls’s; pmdbeauty.com & Age Sciences Inc.; Cellex-C International Inc.; and The Boots Company PLC. Product innovation is expected to remain a critical success factor in the near future.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/anti-aging-products-market

Further key findings from the report suggest:

  • The hair care segment is projected to ascend at a CAGR of 6.0% from 2019 to 2025
  • Supermarkets and hypermarkets dominated the industry with an overall share of above 50.0% in 2018
  • North America dominated the industry, accounting for above 35.0% share of the global revenue in 2018.

Grand View Research has segmented the global anti aging products market on the basis of product, distribution channel, and region:

Anti Aging Products Outlook (Revenue, USD Billion, 2015 - 2025)

  • Skin Care
  • Hair Care

Anti Aging Products Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Online

Anti Aging Products Regional Outlook (Revenue, USD Billion, 2015 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Dehydrated Garlic Market Is Expected To Witness Revenue Growth At A CAGR Of 3.3% from 2019 to 2025

 The global dehydrated garlic market size is expected to reach USD 2.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.3% over the forecast period. Dehydrated garlic has been gaining an increasing traction among the consumers on account of medicinal benefits including improvement in cholesterol levels, which lowers the risk of cardiovascular diseases. Furthermore, growing popularity of garlic products in soups and broth in food restaurants as it enhances the iron intake in human body and promotes kidney function is projected to have a strong impact in the near future. These products are available in the variants of raw solids to powder formats.

Dehydrated Garlic

The granular and powder product type is expected to register the fastest CAGR of 3.2% from 2019 to 2025 in terms of volume. The coarse texture of these products is expected to promote the application in formulation of various cuisines including seafood, sauces, salad dressings, and Italian as well as Chinese dishes. Furthermore, growing popularity of barbeque dishes in developing economies including China and India is expected to expand the utility of granulated dehydrated garlic as a seasoning during dish serving in the near future.

Demand for chopped and minced products is expected to exceed 650 kilo tons by the end of 2025. Excellent freshness, strong flavoring characteristics, and long shelf life of minced product types as compared to other garlic counterparts are expected to expand the former’s utility in the preparation of various dishes including marinades and stews over the next few years.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/dehydrated-garlic-market

Some of the key players operating in the global dehydrated garlic market are Apple Food Industries, AsianFood Export, Ganesh Dehy Foods, Garlico Industries Ltd., Harsh Impex, Jiyan Food Ingredients, KOHINOOR FOOD INDUSTRIES, Natural Agro Food, Nature Exports Co., and SHANDONG YUMMY Food Ingredients CO., LTD. Establishment of strategic partnerships with the food service companies in developing economies including China and India as a result of increasing spending by the working class population on dine-out is projected to remain a critical success factor in the near future.

Further key findings from the report suggest:

  • By product, flakes and cloves are expected to generate a revenue of USD 1.4 billion by 2025
  • By application, the B2B sector accounted for more than 50.0% share of the global revenue in 2018
  • The online distribution channel is projected to account for 20.2% share of the global revenue by the end of 2025
  • Asia Pacific accounted for a volume share of more than 35.0% for the year 2018.

Grand View Research has segmented the global dehydrated garlic market on the basis of product, application, distribution channel, and region:

Dehydrated Garlic Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)

  • Granules & Powder
  • Flakes & Cloves
  • Chopped, Granulated & Minced

Dehydrated Garlic Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)

  • B2B
  • B2C

Dehydrated Garlic Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)

  • Online
  • Offline

Dehydrated Garlic Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Liquor Confectionery Market is Expected to Amplify USD 784.4 Million Value by 2025: Grand View Research Inc.

 Liquor Confectionery Market Growth & Trends

The global liquor confectionery market size is expected to reach USD 784.4 million by 2025, expanding at a CAGR of 5.1% from 2019 to 2025, according to a new report by Grand View Research Inc. High demand for liquor confectionery among people due to increasing awareness about innovative liquor filled confectionery with traditional techniques is expected to drive the market from 2019 to 2025. Europe majorly follows these traditional techniques to enjoy the taste of confectioneries as well as forms of alcohol beverage content.

Liquor Confectionery Market

Chocolates generated a revenue of USD 382.4 million in 2018. Many people still follow the tradition of handmade confectioneries of liquors. Whereas, consumption of liquor confectionery in candies and gums such as jelly belly champagne jelly beans, prosecco gummy bears, wine gums, and salt water taffy rum gums is expected to expand at a CAGR of 4.6% over the forecast period. This growth is attributed to high demand for the infusion of alcohol flavor in it and increasing consumption among people who prefer candies and gums over chocolates. This is expected to remain a key driver for the segment growth over the forecast period. For instance, Kahlua Chocolates manufactures candy beans and gums with different flavors and colors and a feature to freeze these in order to make them last longer.

Supermarkets/hypermarkets held the largest share and generated a revenue of USD 282.6 million in 2018. Ample opportunities to select, presence of guidance, and discounts are the main reasons that have been driving companies to offer their products through this channel. The online mode of distribution channel is anticipated to expand at a CAGR of 5.7% over the forecast period. The Verment country store, Amazon, Alibaba, Indiamart, Candywarehouse, and Wishacupcake are gaining popularity due to availability of choices for the convenience of customers.

Demand for liquor confectioneries has increased due to innovations. Major market players have been significantly contributing into research and development to make these products available according to the taste and preference of the consumers. For instance, Neuhaus manufactures liquor chocolates with five types of liquors included in it such as Glenfiddich whisky, Cointreau, Smirnoff vodka, Pampero rum, and Remy martin cognac.

Europe was the largest regional market in 2018 with a revenue of USD 272.8 million. The region is expected to maintain its lead over the forecast period. Key players in the global market include Abtey Chocolate Factory, Neuhaus, Mars, Brookside, Hershey’s, Ferrero, Mondelez, Toms Gruppen, Liqueur Fills, and Booz Drops.

Request a free sample copy or view report summary: Liquor Confectionery Market Report

Liquor Confectionery Market Report Highlights

  • By product, candies and gums are expected to register a CAGR of 4.6% from 2019 to 2025
  • By distribution channel, supermarkets/hypermarkets dominated the global market with a share of 52.9% in 2018
  • Europe dominated the market in 2018 with a revenue of USD 272.8 million in 2018. This trend is projected to continue over the next few years
  • Asia Pacific is likely to witness significant demand due to increase in awareness and adaptability to innovative products in chocolates and candies consisting liquor for the little intake of alcohol
  • The liquor confectionery market is highly competitive in nature with the main players including Ferrero,Toms Gruppen, and Neuhaus
  • Various manufacturers are concentrating on new product launches, capacity expansion, to estimate existing and future demand patterns from upcoming product segments.

Liquor Confectionery Market Segmentation

Grand View Research has segmented the global liquor confectionery market on the basis of product, distribution channel, and region:

Liquor Confectionery Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Chocolates
  • Candies & Gums

Liquor Confectionery Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Online

Liquor Confectionery Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • US.
  • Europe
    • UK.
    • Germany
    • Switzerland
    • Belgium
  • Asia Pacific
    • China
  • Central & South America
  • Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Healthy Biscuits Market Significant Profits Estimated to be Generated by 2025

 The global healthy biscuits market size is expected to reach USD 3.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.0% over the forecast period. Rising demand for healthy snacks, coupled with high per capita food consumption, especially in developing countries such as India and China, is contributing to the growth of the global market. Rising awareness about health and fitness and growing preference for healthy snack products, especially among the working professionals and millennials, is a key driving factor.

Healthy Biscuits

Manufacturers are actively indulging in the production of healthy biscuits in different flavors to enhance the taste. For instance, Parle offers digestive biscuits infused with the flavor of honey and oats, along with an aroma of cinnamon. This scenario has led to a strong competition in the global market due to the presence of a large number of international and local manufacturers. Owing to rising health awareness and growing food safety concerns, consumers are shifting to natural food products. Moreover, improved lifestyle and introduction of advanced purchase methods such as online grocery shopping have been fueling the market growth.

Online distribution is gaining an increasing traction among the consumers of such products. This category is anticipated to expand at a CAGR of 5.2% from 2019 to 2025. The online distribution channel is penetrating the market with e-commerce platforms and growing usage of smartphone in daily life. Companies like bigbasket.com and groffers.com are coming up with door-to-door delivery of products, along with online display of a wide range of products. Moreover, coupon offers provided by the online platforms are influencing the buying behavior of the customers.

Functional and digestive biscuits are expected to expand at the fastest CAGR of 5.5% from 2019 to 2025. The segment growth is primarily attributed to high demand for healthy snack items having a high source of dietary fibers. These biscuits are made of different nutrition rich ingredients such as oats, wheat, and multi grains. India is anticipated to witness significant growth in this category. The digestive biscuits market in India is majorly dominated by Britannia Nutrichoice range. Some of the other prominent players operating in this category include Parle NutiCrunch, McVities, and Tiffany.

Asia Pacific is expected to expand at the fastest CAGR of 5.6% over the forecast period. Spurring demand for convenient and healthy snack products is likely to be a major factor driving the market in the region. The market in India is marked by the presence of major players such as Britannia, Parle, and ITC, wherein Nutrichoice by Britannia occupies about 70% in the premium health biscuit category, followed by Sunfeast’s Farmlite range.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/healthy-biscuits-market

Further key findings from the report suggest:

  • The global healthy biscuits market is expected to expand at a CAGR of 5.0% from 2019 to 2025 and reach USD 3.0 billion by 2025
  • Asia Pacific is estimated to be the fastest growing market, expanding at a CAGR of 5.6% over the forecast period
  • By distribution channel, supermarkets/hypermarket generated a revenue of USD 1.2 billion in 2018
  • Key market players include Mondelēz International, Inc.; Pladis (United Biscuits); Britannia; Parle Products Pvt. Ltd.; ITC Limited (Sunfeast); IFFCO (Tiffany); and UNIBIC Foods India Pvt. Ltd.

Grand View Research has segmented the global healthy biscuits market on the basis of type, distribution channel, and region:

Healthy Biscuits Type Outlook (Revenue, USD Million, 2015 - 2025)

  • Functional & Digestive
  • Gluten-free
  • Reduced Calorie
  • Others

Healthy Biscuits Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online

Healthy Biscuits Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Wine Coolers Market to Incur High Value Growth at 6.4% CAGR from 2019 to 2025

 The global wine cooler market size is anticipated to reach USD 3.17 billion by 2025, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.4% during the forecast period. Increasing consumption of wine around the world, especially in India, China, and Japan is expected to fuel the growth.

Wine Coolers

Free-standing wine cooler segment held the largest market share of 53.2% during the forecast period and is expected to continue leading over the forecast period. Rapid product innovation and introduction of new products with wider dimensions for increased wine bottle storage is anticipated to bode well for the growth of the segment in the forthcoming years. For instance, in February 2019, Vinotemp launched a Technical Veneer Wrap option for its large-capacity private reserve series wine coolers at the Kitchen & Bath Industry Show, Las Vegas, Nevada.

The countertop wine cooler segment is expected to expand at the fastest CAGR of 7.0% over the forecast period.

Commercial application is expected to continue leading in terms of overall market share throughout the forecast period. Growing popularity of wine among millennial is the key factor driving the segment growth. Residential segment, on the other hand, is expected to expand at the fastest CAGR of 7.2% over the forecast period. The tradition of drinking wine with dinner in various countries including U.S. and China is the key factor driving the demand for wine cooler from residential sector.

Europe is expected to remain dominant region in terms of overall market share throughout the forecast period. It is expected to expand at a CAGR of 6.0% from 2019 to 2025, driven by increasing consumption wine. Germany led the Europe wine coolers market in 2018, accounting for more than 15% share.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/wine-cooler-market

Further key findings from the report suggest:

  • Free-standing segment is expected to reach USD 1.64 billion by 2025, growing at a CAGR of 6.0% from 2019 to 2025
  • Restaurant segment is expected to reach USD 944.5 billion by 2025
  • Europe held more than 33% share of global wine coolers market due increasing consumption of wine coupled with rising awareness regarding the health benefits of wine
  • Asia Pacific is expected to expand at a CAGR of 7.1% over the forecast period owing to increasing consumption wine
  • Major market players are Haier, LG Electronics, BSH Home Appliances Group. (Siemens AG), Climadi, Shenzhen VRBON Electrical Appliance Co., Ltd., Allavino, Avanti Products, Electrolux, Donlert Electrical Co. Ltd, and EuroCave Group. Market players focus on mergers and acquisitions, expanding their production capacity, and innovation to boost their product sales

Grand View Research has segmented the global wine coolers market by product, application, and region:

Wine Coolers Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Free-standing
  • Countertop
  • Built-in

Wine Coolers Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Residential
  • Commercial

Wine Coolers Region Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Wednesday, 28 October 2020

Digital Camcorders Market to Witness Exponential Growth by 2025: Grand View Research Inc.

 The global digital camcorders market size is expected to reach USD 3.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 10.4% over the forecast period. Rising interest of the common mass in capturing important moments of their life is driving the market. It is also supported by easy advanced mechanism of these devices, which makes it easy for a common man to handle, record, charge, and store the recordings. Manufacturers have been supporting the trend by innovating the product to simplify its mechanism and improve its video quality.

Digital Camcorders Market

Shifting trend towards innovating the standby capacity of the battery, the resolution of the video, and the storage capacity of the device has changed the industry scenario completely. Fine HD and UHD quality videos can be recorded using small and easily portable devices. These factors have promoted their use in recording grand celebrations like wedding ceremonies, birthdays as well as regular day to day incidents, such as the first-time babies walk or talk or ride bicycles. It has become an important element for tourism and camping. People prefer saving moments from these and taking them back as memorabilia.

In September 2018, Canon launched XF705 a professional-use camcorder. It records footages of 4K (3840 x 2160) resolution. It is said to be suitable for video production and broadcast. It can store videos in SD card and capture high quality video. It comes along with a L (Luxury) Series 15x optical zoom lens, which optimizes 4k imaging. It is powered by the Dual DIGIC DV 6 image-processing platform. The videos can be recorded in two formats, which are HDR and Perceptual Quantization (PQ).

HDR format is suitable for live video transmission and broadcasting. Whereas, PQ is ideal for web transmission and film production. Its 1.0-inch CMOS sensor helps in precising autofocus. The touchscreen features help in providing the ability of autofocusing. Similarly, in May 2019, Panasonic launched its 6K Lumix S1H cine camera. These products comprise 6K camera that has the ability to capture videos with 50% higher horizontal resolution.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/digital-camcorders-market

Further key findings from the report suggest:

  • By resolution, full HD (1920 x 1080) 1080p accounted for more than 55.0% share of the global digital camcorders market revenue in 2018
  • The online segment is expected to expand at the fastest CAGR of 10.8% from 2019 to 2025
  • The offline segment generated a revenue of USD 1.0 billion in 2018.

Grand View Research has segmented the global digital camcorders market on the basis of resolution, distribution channel, and region:

Digital Camcorders Resolution Outlook (Revenue, USD Million, 2015 - 2025)

  • Full HD (1920 x 1080) 1080p
  • UHD (3840 x 2160) 2160p

Digital Camcorders Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Digital Camcorders Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa (MEA)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Golf Trolley Market Set to Witness an Uptick during the Forecast Period

 The global golf trolley market size is expected to reach USD 195.4 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.7% over the forecast period. Increasing adoption of golf as a recreational activity by the young population is driving the demand for the product across the globe. Furthermore, continuous product innovation by the key manufacturers including Motocaddy and RolleyGolf Experience is expected to propel the industry growth in the near future.

Golf Trolley

The electric product segment is anticipated to witness the fastest growth from 2019 to 2025. Benefits such as lightweight and requirement of less physical effort associated with these products are boosting the product demand among the consumers. In addition, they have gained significant popularity among the players who are suffering from health issues.

Manufacturers have been incorporating innovative features to these electronic products in order to attract new consumers and gain a competitive advantage. For instance, in March 2019, Motocaddy, one of the leading manufacturers of the world, introduced its upgraded S1 model powered trolley. This new remote-controlled model incorporates features including sunlight friendly LCD screen, battery meter, speed indicator, and compact-folding.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/golf-trolley-market

As of 2018, the non-commercial application segment held the largest share of more than 60.0%. Increasing penetration of public clubs over the world is fueling the application segment. Over the past few years, the public clubs have attracted a large number of consumers as they are comparatively less expensive than the private clubs.

North America dominated the golf trolley market in 2018, contributing over 50.0% share of the global revenue. Largest number of courses that is more than 15,000 courses are present in U.S. Furthermore, high purchasing power of the consumers of this nation has been allowing them to spend a large amount in leisure activities.

Major producers of this industry include Bat-Caddy; Motocaddy; Golf Tech Golfartikelvertriebs GmbH; Adept Golf; THE PROACTIVE SPORTS GROUP; SUN MOUNTAIN SPORTS; Cart Tek Golf Carts; SPITZER Products Corp.; Axglo International Inc.; and Bag Boy Company.

Further key findings from the report suggest:

  • The electric product segment held the largest share of over 65.0% in 2018
  • Online distribution channel is expected to expand at the fastest CAGR of 4.2% over the forecast period
  • The non-commercial application segment held the largest share of more than 60.0% in 2018
  • Asia Pacific is expected expand at the fastest CAGR of 4.9% from 2019 to 2025
  • North America held the largest share of more than 50.0% in 2018.

Grand View Research has segmented the global golf trolley market on the basis of product, application, distribution channel, and region:

Golf Trolley Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Manual
  • Electric

Golf Trolley Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Commercial
  • Non-commercial

Golf Trolley Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Golf Trolley Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Tuesday, 27 October 2020

Water Dispenser Market Top Players, Segments, Cost Structure, Demand, Sales

 Water Dispenser Market Growth & Trends

The global water dispenser market size is expected to reach USD 3.26 billion by 2025 registering a CAGR of 7.6%, according to a new report by Grand View Research, Inc. Rising demand for clean drinking water appliances. Moreover, rapid urbanization and increased purchasing power of consumers in developing countries, such as China and India, is anticipated to boost the demand further.

Water Dispenser

In addition, advent of water purification technologies and cost-effective and energy-efficient water cleaning products will support market growth. Drinking water scarcity across various regions requires robust sources to fulfill the demand for safe drinking water, which also leads to the extensive usage of water dispenser. Moreover, the impact of e-commerce channels, rising number of convenience and specialty stores, and availability of cost-effective products also provide growth opportunities for the market.

Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. This growth can be attributed to technological and product innovations and rising need for safe drinking water as a result of growing population in the region. Rise in the sales of packaged water bottles due to deteriorating water quality in several countries of APAC will boost the market growth further. Moreover, increasing number of domestic manufacturers due to the presence of a wide consumer base and demand is likely to contribute to the market growth.

Major companies in the market are focusing on new product launches, capacity expansion, and technological innovation to estimate the existing and future demand patterns from upcoming product segments. Some of the prominent companies in the global market are Whirlpool Corp.; Clover Co. Ltd.; Oasis International, Inc.; Glacial Home; Primo Water Corp.; Honeywell International, Inc.; and Emersion Electric Co.

Request a free sample copy or view report summary: Water Dispenser Market Report

Water Dispenser Market Report Highlights

  • In terms of revenue, bottled product segment is projected to lead the global market in future. However, bottle-less product segment will expand at the maximum CAGR over the forecast period
  • Commercial application was the dominant segment in 2018 with an overall share of over 70.99%. On the other hand, residential application is projected to be the fastest-growing segment from 2019 to 2025
  • North America led the global water dispenser market in 2018 and will maintain its dominant position throughout the forecast years
  • With increasing disposable income levels in India, South Korea, China, and Japan, the market in Asia Pacific is anticipated to witness the fastest growth

Water Dispenser Market Segmentation

Grand View Research has segmented the global water dispenser market on the basis of product, application, and region:

Water Dispenser Product Outlook (Revenue, USD Billion, 2015 - 2025)

  • Bottled
  • Bottle-less

Water Dispenser Application Outlook (Revenue, USD Billion, 2015 - 2025)

  • Residential
  • Commercial

Water Dispenser Regional Outlook (Revenue, USD Billion, 2015 - 2025)

  • North America
    • US.
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Trail Camera Market Exhibit a Steady 7.1% CAGR through 2025: Grand View Research Inc.

 The global trail camera market size is expected to reach USD 140 million by 2025 registering a CAGR of 7.1%, according to a new report by Grand View Research, Inc. Rising expenditure on biological research and wildlife monitoring is expected to remain a key factor for the market growth. In addition, increasing usage of these cameras for security and surveillance in commercial and residential sectors is propelling the product demand, thereby augmenting market growth. Wildlife monitoring and research was the largest application segment in 2018. Over the past few years, wildlife film-making has been gaining popularity among various TV shows and such short films are also being used in wildlife research studies.

trail-camera

Major manufacturers including Vista Outdoor Inc., Wildgame Innovations LLC, and GG Telecom are spending more on R&D for providing technological advanced cameras to increase their customer base. For instance, in March 2018, Vista Outdoor Inc. launched a new trail camera under the brand name ‘Bushnell’ with 4G LTE cell camera connectivity and Bluetooth programming capabilities. The new camera provides live cast with active GPS. Some of the kay companies in the market include Wildgame Innovations LLC; Browning Trail Cameras; Vista Outdoor, Inc.; GG Telecom; Covert Scouting Cameras; Boly, Inc.; Reconyx; Cuddeback; Stealth Cam; and Simmons.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/trail-camera-market

Further key findings from the study suggest:

  • Asia Pacific is expected to witness the fastest growth at a CAGR of 7.6% from 2019 to 2025. However, North America is expected to remain dominant regional trail camera market over the forecast period.
  • Major companies in North America are following various marketing strategies including product launches, celebrity endorsements, and investments in establishing exclusive stores and e-commerce channels to cater to the increasing demand for technological advanced products
  • For instance, in March 2018, Browning Trail Cameras launched Recon Force Extreme 4K, which can capture High-Definition (HD) videos at 60 frames per second (fps)
  • In addition, the company also launched Strike Force XD Pro and Dark Ops XD Pro with improved dual lens technology
  • The product variants with pixel size 8 to 12 MP led the global market in 2018 accounting for a total share of more than 55%

Grand View Research has segmented the global trail camera market on the basis of pixel size, application, and region:

Trail Camera Pixel Size Outlook (Revenue, USD Million, 2015 - 2025)

  • Below 8 MP
  • 8 to 12 MP
  • Above 12 MP

Trail Camera Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Wildlife Monitoring & Research
  • Security
  • Others

Trail Camera Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Kids Bicycle Market Revenue is Expected to Reach USD 4.9 Billion by 2025

 The global kids bicycle market size is expected to reach USD 4.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.6% over the forecast period. The growth is attributed to rising demand for bicycling as a fun activity among children who are hugely influenced by toon characters riding bicycles.

Kids Bicycle

For instance, the character Calvin from the comic Calvin and Hobbes can be seen in the bicycle. The cycle manufacturers have leveraged these features to market bicycles. Cartoon Network Ben Ten Bicycle is one such product that gained tremendous popularity in the countries including India, Maldives, Indonesia, and Pakistan.

In addition, schools and residential societies have been conducting cycling races, marathons, and relays. Such activities develop discipline, sportsmanship, and team spirit among kids. This, in turn, drives the kids, parents, and teachers to take interest in cycling, thereby propelling the kids bicycle market growth. Cycling is further promoted for various health benefits among kids.

It has been proved through various medical researches that cycling improves fitness. Along with improving physical strength and growth, it even results in positive mental attitude by releasing stress. It is also recommended that cycling activity in fresh air improves the metabolism by providing exercise to the cardiovascular muscles and building muscle mass.

Rise in the demand for kids cycle is being leveraged by various manufacturers. In May 2019, Strider Sports International Inc. entered the Indian market by launching two different models, Sport Baby Bundle and 14x Sport Balance Bike bicycles. The product is available online for USD 199.98 and USD 209.99 respectively. The Sport Baby Bundle is for toddlers and it comes with rocking base and no pedals. The 14x Sport Balance Bike is for kids above 2.

Some of the key players are Giant Bicycles, Trek Bicycle Corporation, Specialized Bicycle Components, Cannondale, SCOTT Sports SA, GT Bicycles, MERIDA BIKES, Cervélo, Fuji Bikes, Cicli Pinarello SRL, COLNAGO, Santa Cruz Bicycles, and KONA. Manufacturers have been observing the rapid growth closely and strategically expanding in the countries with growing middle-class income population.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/kids-bicycle-market

Further key findings from the report suggest:

  • Conventional products accounted for more than 80.0% share of the global revenue in 2018
  • The online segment for kids bicycle market is expected to expand at the fastest CAGR of 3.0% from 2019 to 2025
  • The offline segment accounted for 85.0% share of the global revenue in 2018.

Grand View Research has segmented the global kids bicycle market on the basis of product, distribution channel, and region:

Kids Bicycle Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Batter Operated
  • Conventional

Kids Bicycle Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Kids Bicycle Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • US.
  • Europe
    • Germany
    • UK.
    • Netherlands
  • Asia Pacific
    • India
    • China
    • Japan
  • Central & South America
  • Middle East & Africa (MEA)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Carpet Cleaning Products Market Growth With Worldwide Industry Analysis To 2025

 The global carpet cleaning products market size is anticipated to reach USD 2.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.5% over the forecast period. Growing awareness related to household hygiene and cleanliness among consumers is expected to drive the market over the forecast period. Carpet cleaning products are witnessing increasing demand as a result of increased spending on floor coverings in the residential and non-residential/commercial sectors. Therefore, market witnesses increased spending on these cleaners, which is expected to contribute to the growth of the global market.

Rising environmental concerns across regions have urged consumers to invest in green cleaning products consisting of chemical free ingredients. Companies are focusing on producing natural and organic cleaner with sustainable manufacturing practices. For instance, in June 2019, Skyhawk Global Ltd. have launched natural and eco-friendly liquid carpet cleaner to prevent odor or recurrence of stains. Many macro-economic factors such as growth in the construction of office and retail spaces and home décor are expected to increase the adoption of these cleaners.

Liquid cleaning products dominated the carpet cleaning products market in 2018. They help in absorbing soil from the carpet with the help of mechanical agitation from brush, which cleans through the material. This liquid is used with water or directly applied to the carpet, which dissolves the soil and is vacuumed up to absorb the liquid. Thus, greater convenience as well as effectiveness provided by this product have fueled the demand.

In terms of application, the residential sector is expected to register the highest CAGR of 4.8% from 2019 to 2025. Carpets are mostly found in luxury residential places like bungalows and mansions. Increase in disposable income, along with hectic lifestyle of the consumers, is expected to be a key factor. This, in turn, is supposed to drive the demand for carpet cleaners in the next few years.

North America dominated the global market, accounting for 51.8% share of global revenue in 2018. Prominent trend of carpet flooring in countries such as U.S. and Canada in order to showcase a luxury living lifestyle on account of high disposable income is responsible for the market growth. Moreover, rising awareness regarding cleanliness of carpet in order to prevent bacterial infestation has increased the demand for carpet cleaners such as spray, liquid, and powder products. 

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/carpet-cleaning-products-market

Further key findings from the report suggest:

  • By product, the liquid segment accounted for a share of 30.7% in 2018
  • The residential application segment is expected to register the highest CAGR of 4.8% over the forecast period
  • Asia Pacific is the fastest growing region, expanding at a CAGR of 5.3% from 2019 to 2025
  • Top players operating in the carpet cleaning products market include BISSELL; Reckitt Benckiser Group plc.; Techtronic Industries Co. Ltd.; The Clorox Company; Zep, Inc.; Sprayway Inc.; and Tesco.com.

Grand View Research has segmented the global carpet cleaning products market by product, application, and region:

Carpet Cleaning Products Outlook (Revenue, USD Million, 2015 - 2025)

  • Shampoo
  • Spray
  • Liquid
  • Others

Carpet Cleaning Products Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Residential
  • Commercial
  • Hotels & Restaurants

Carpet Cleaning Products Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • US.
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Body Firming Creams Market To Benefit from Increased Global Uptake of 2019 By 2025

 The global body firming creams market size is expected to reach USD 3.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.7% over the forecast period. Increasing spending on anti-aging products over the world will remain a key factor in driving the market. In addition, rising visual appearance consciousness among the consumers is expected to remain a favorable factor in the market.

The plant extract product segment is expected to witness the fastest growth, expanding at a CAGR of 6.0% from 2019 to 2025. Increasing awareness about the negative effects of synthetic creams including skin irritations and allergies is fueling the demand for the plant extract products over the globe. This shifting trend is encouraging the manufacturers to incorporate plant extracts, such as green tea, seaweed, jojoba, shea butter, aloe vera olive, guaraná, and macadamia, in their product offerings.

In terms of distribution channel, the online segment is anticipated to expand at the fastest CAGR of 7.0% from 2019 to 2025. The hassle-free and convenient shopping experience have been fueling the growth of this distribution channel over the world. As a result, companies are investing remarkably in e-commerce to meet the rising demand.

North America held the largest market share of 35.1% in 2018. Rapid growth of the aging population in U.S. and Canada will remain one of the key factors driving the industry in this region. Asia Pacific is expected to witness a steady growth in the upcoming years as a result of rising spending on personal care products supported by the growing upper middle class population in countries including China and India. Furthermore, the number of domestic and international competitors has been increasing significantly in the abovementioned countries in light of substantial base of middle-income age groups.

Major players of this industry include L'Oréal S.A.; Beiersdorf AG; Clarins Group; Johnson & Johnson; Sol de Janeiro; ET Browne Drug Co. Inc.; The Procter & Gamble Company; Kao Corporation; Shiseido Company, Limited; and The Estée Lauder Companies Inc. Cosmetic manufacturers are expected to increase spending on R&D in order to expand their market size.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/body-firming-creams-market

Further key findings from the report suggest:

  • Europe generated a revenue of exceeding USD 640.0 million in 2018
  • Plant extract products are expected to expand at the fastest CAGR of 6.0% from 2019 to 2025
  • Offline distribution channel accounted for a revenue share of more than 80.0% in 2018.

Grand View Research has segmented the global body firming creams market on the basis of product, distribution channel, and region:

Body Firming Creams Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Plant Extract
  • Non-plant Extract

Body Firming Creams Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Body Firming Creams Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • US.
  • Europe
    • Germany
    • UK.
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • South Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Electric Iron Market is Estimated To Expand at a CAGR of 8.3% through 2025: Grand View Research Inc.

 The global electric iron market size is expected to reach USD 1.8 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.3% over the forecast period. Rising inclination among the millennials towards grooming well at a global level is boosting the market growth.

Electric irons have been modified to be lighter in weight, easier to use, energy efficient, and suitable to all kinds of fabrics. Advertisement and celebrity endorsements of these products have played a crucial role in making people aware of the product, its utility, resulting in the inclusion of the product in the daily lifestyle.

Manufacturers of electric iron have been investing in research and development of the product rapidly. Thus, it has resulted in releasing new products frequently with modified features and better efficiency. Organizations have understood the crucial role it plays in day to day life and to address the same, they have launched products that can be carried in the luggage while traveling. These products are small, lightweight, and chargeable, thereby making it compatible to be used during journey.

In April 2019, Xiaomi launched Lofans Cordless Steam Iron in China. The product is available for 199 Chinese Yuan. The cordless product comes with a charging stand, a switch to operate it, and adjustable gear to control its temperature. It consumes 200Watts of power and can be used in three modes: high, low, and dry. It consists of a 280ml water tank for steaming the clothes. The product needs to be preheated for 35 seconds and withholds heat for 2 minutes after being detached from the charger. The sole plate is made of diecast ceramic glazed aluminum. It can be heated up to 200 degree Celsius for ironing thick and heavily crushed clothes. The negative ion coating can reduce the high temperature fabric damage.

In March 2019, Tefal launched all-in-one iron and garment steamer IXEO QT1020. The product is expected to be much more efficient than regular steam product types. The product is available for GBP 290. It comes along with an adjustable and handy built in smart iron board. The board is inverted vertically for steaming and is kept horizontally for ironing. The iron works on one-temperature technology and thus, no adjustments are required.

To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/electric-iron-market

Further key findings from the report suggest:

  • By product, the steam segment is expected to expand at the fastest CAGR of 8.5% from 2019 to 2025. Dry products contributed a revenue of USD 559.1 million in 2018
  • By function, the automatic segment is expected to expand at the fastest CAGR of 8.5% from 2019 to 2025
  • The commercial application segment accounted for 55.4% share of the global revenue in 2018
  • Online distribution channel is expected to expand at the fastest CAGR of 8.6% from 2019 to 2025.

Grand View Research has segmented the global electric iron market on the basis of product, function, application, distribution channel, and region:

Electric Iron Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Dry
  • Steam

Electric Iron Function Outlook (Revenue, USD Million, 2015 - 2025)

  • Automatic
  • Non-automatic

Electric Iron Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Residential
  • Commercial

Electric Iron Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Electric Iron Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa (MEA)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Self-Defense Products Market Get Facts About Business Strategies 2019 to 2025: Grand View Research Inc.

 Self-Defense Products Market Growth & Trends

The global self defense products market size is expected to reach USD 3.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.9% over the forecast period. The market growth is primarily attributed to rising incidences of civil unrest, along with the need for personal safety on recreational activities such as camping and hiking.

Hunting is considered to be one of the most common outdoor activities among the Americans, which, in turn, is driving the demand for folding knives to serve the purpose of self defense, along with other tasks. In 2016, about 11.5 million enthusiasts aged 16 years and above participated in hunting activities in U.S.

Folding knives accounted for the largest share of 71.2% in 2018. Due to the introduction of folding knives, the product has undergone various modifications with respect to utility features, designs, raw materials used for the blades, knife structures, and suitable applications.Manufacturers are also focusing on developing compact products integrated with more than one feature.

For instance, Gerber Auto Knife is a fully automatic equipped tool made of stainless steel designed with an oversized release button for the easy use. Gerber offers folding Tanto Knives equipped with torch lights. Such integrations will further enhance the capabilities and functioning of the folding knives, which, in turn, will favor the market growth.

Pepper sprays have been recording prominent sales and is expected to expand at a CAGR of 5.7% over the forecast period. They are gaining an increasing traction in the global market owing to growing acceptance among women as a convenient self defense product. Due to growing population of tech savvy people and popularity of online shopping, manufacturers are resorting to convenient methods of distribution to reach out to the large customer base. Third party retailers such as Amazon.com, PepperEyes.com, Flipkart, and Xboom Utilities are some of the common suppliers of personal defense products.

North America accounted for the largest share of 30.0% in 2018. Majority of the demand is generated by the U.S. consumers using folding knives, pepper sprays, and stun guns. Rapid increase in investments in research and development of less harmful self-defense weapons for the civilians is expected to boost the market growth over the forecast period. Moreover, growing crime rates in Canada is resulting in government laws to undergo significant modifications, which, in turn, is expected to widen the scope of the market.

The companies operating in this market are focusing on developing new products with integration of multiple utility tools with an aim to meet the customer’s convenience in performing indoor and outdoor activities, along with self-defense purposes. For instance, Buck knives Inc. manufactures folding knives that are suitable for heavy duty applications.

Request a free sample copy or view report summary: Self-Defense Products Market Report

Self-Defense Products Market Report Highlights

  • North America accounted for the largest share of 30.0% in 2018. APAC is estimated to be the fastest market with a CAGR of 6.4% from 2019 to 2025, majorly driven by India and China
  • Sporting goods store accounted for the largest share of more than 55.0% in 2018 owing to easy availability of the products. Online distribution is expected to witness the fastest growth over the forecast period
  • By product, folding knives accounted for the largest share of 71.2% in 2018. Pepper sprays have been recording prominent sales and are expected to expand at a CAGR of 5.7% over the forecast period
  • Some of the key operating players operating in the global self-defense products market are Victorinox; Unisafe Technologies; GERBER GEAR; SABRE Security Equipment Corporation; Mace Security International, Inc.; Axon Entereprise Inc.; Salt Supply Company; and Self Defense Weapons.

Self-Defense Products Market Segmentation

Grand View Research has segmented the global self-defense products market on the basis of product, distribution channel, and region:

Self-defense ProductsOutlook (Revenue, USD Million, 2015 - 2025)

  • Pepper Sprays
  • Folding Knives
  • Tactical Gloves
  • Stun Guns
  • Others

Self-defense ProductsDistribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Retail Outlets
  • Sporting Goods Stores
  • Online

Self-defense ProductsRegional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • US.
  • Europe
    • France
    • Italy
  • Asia Pacific
    • China
    • India
  • Central & South America
  • Middle East & Africa (MEA)

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Camping Tent Market Industry Outlook & Future Forecast Report Till 2025

 Camping Tent Market Growth & Trends

The global camping tent market size is expected to reach USD 3.28 billion by 2025 registering a CAGR of 6.3%, according to a new report by Grand View Research, Inc. Increasing popularity of recreational activities including camping, hunting, sports, trekking, and hiking is the key factor driving the market. Moreover, growing popularity of adventure travel in developed countries, such as U.S., Canada, Germany, France, Sweden, Austria, Russia, Norway, and U.K., has boosted the demand for camping tents.

Major manufacturers including Hilleberg, AMG GROUP, Newell Brand s, and The North Face are focusing on product development, which, in turn, will boost the market growth. For instance, in February 2018, Mountain Hardwear, a U.S.-based company, launched tunnel tent under the brand name ‘Pathfinder’. The product is suitable for two to three person occupancy and is made of high-quality fabric, which can withstand extreme weather conditions.

Europe was the largest regional segment in 2018. It is projected to expand further retaining its leading position throughout the forecast years. North America is also likely to witness a significant growth in future. Major companies in these two regions are focusing on product launch, R&D, and M&A activities to cater to the increasing demand for advanced products, thereby fueling the growth of the regional markets. For instance, in March 2019, The North Face launched ‘Geodome’. The product can withstand 60 mph winds.

Request a free sample copy or view report summary: Camping Tent Market Report

Camping Tent Market Report Highlights

  • Europe was the largest regional market in 2018 and is projected to maintain its dominance over the forecast period
  • However, Asia Pacific is expected to be the fastest-growing market at a CAGR of 6.9% from 2019 to 2025
  • Tunnel tents was the largest product segment of the global camping tent market in 2018 and accounted for more than 50% of the overall share
  • Commercial application is expected to witness the fastest CAGR from 2019 to 2025; while, the individual application segment is expected to account for the largest market share by 2025
  • Key companies in the market are AMG GROUP, Hilleberg, Johnson Outdoors, The North Face, Newell Brands, Oase Outdoors, Simex Outdoor International, The Coleman Company, Big Agnes, Exxel Outdoors, and Kampa

Camping Tent Market Segmentation

Grand View Research has segmented the global camping tent market on the basis of product, application, distribution channel, and region:

Camping Tent Product Outlook (Revenue, USD Million, 2015 - 2025)

  • Tunnel
  • Dome
  • Geodesic

Camping Tent Application Outlook (Revenue, USD Million, 2015 - 2025)

  • Commercial
  • Individual

Camping Tent Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)

  • Offline
  • Online

Camping Tent Regional Outlook (Revenue, USD Million, 2015 - 2025)

  • North America
    • US.
  • Europe
    • UK.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Monday, 26 October 2020

Chromium Market Is Expected To Witness Revenue Growth At A CAGR Of 2.7% from 2017 to 2025

 The global chromium market size is expected to reach USD 16.55 billion by 2025, according to a new report by Grand View Research, Inc., registering a 2.7% CAGR during the forecast period. Increasing demand from the stainless steel industry has been a key factor driving market growth globally. Robust growth of various end-use industries in Asia Pacific is fueling stainless steel demand and, in turn, demand for chromium.

Chromium finds extensive application across segments such as chrome plating and finishing, in production of synthetic rubies, metal ceramics, dyes and paints, and in various super alloys. It is also used in metallurgy to render a shiny finish and impart corrosion resistance.

Asia Pacific is witnessing increased demand for chromium due to booming manufacturing in automotive and electronics industries in the region. China and India are key contributors in these industries. Strong GDP growth rate, increasing income, and government support are driving automotive production in these countries. Moreover, stronger demand has been observed from lower-tier cities in these countries owing to decline in automobile prices.

Rising number of buyers on account of the unique properties exhibited by chromium, such as corrosion resistance and shiny texture, has led to low bargaining power of buyers. Growing demand for chromium in metal finishing and plating industry in Asia Pacific is expected to drive the market. However, the carcinogenic properties of chromium may lead to severe health effects, thereby hampering market growth.

Access Research Report of Chromium Market

Further key findings from the report suggest:

  • The global chromium market was valued at USD 13.07 billion in 2016 and is expected denote a CAGR of 2.7% from 2017 to 2025
  • Metallurgy was the largest application segment in 2016 and is expected to register a CAGR of 2.8% between 2017 and 2025
  • The chemical segment was valued at USD 708.2 million in 2016 and is anticipated to witness moderate growth over the next eight years. Chromium-based chemicals include chrome oxide, chromic acid, and potassium dichromate
  • The Asia Pacific market is projected to experience substantial growth over the next eight years owing to rising demand from various stainless steel end-use industries, especially automotive and aerospace. In terms of revenue, APAC is expected to register a CAGR of 3.1% between 2017 and 2025
  • Key players including Kermas Group Ltd., Glencore PLC, Samancor Chrome, Assmang Proprietary Limited, Odisha Mining Corporation, Hernic Ferrochrome (Pty) Ltd., CVK Group, Al Tamman Indsil FerroChrome LLC, and Gulf Mining Group LLC are engaged in mining and production of chromium in the global market.

Grand View Research has segmented the global chromium market on the basis of application and region:

Chromium Application Outlook (Revenue, USD Million, 2014 - 2025)

  • Metallurgy
  • Chemicals
  • Refractory
  • Others

Chromium Regional Outlook (Revenue, USD Million, 2014 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Refrigerant Market is Expected to Amplify $30.37 Billion Value by 2025: Grand View Research Inc.

 The global refrigerant market size is expected to reach USD 30.37 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.3% during the forecast period. Development of eco-friendly alternatives, as a result of environmental policies aimed at ozone depletion and GHG emissions, is a key factor driving market growth. 

Regulations across EU, Japan, China, and U.S. have prompted consumers to shift toward hydrocarbon and inorganic refrigerants, with its demand predicted to increase drastically over the forecast period. The fluorocarbons segment accounted for over 50% of the overall consumption in 2016.

Inorganics emerged as the second-largest product segment in terms of revenue. Thermal efficiency of the product has enabled its penetration across industrial applications. Low cost, easy availability, and eco-friendly characteristics are key factors boosting its demand in industrial areas.

The Asia Pacific market for refrigerants has reported strong demand in recent times. Growth in industrial activity and productivity across China and India will continue to spur demand for refrigeration across residential, industrial, and commercial sectors. China represented more than one fifth of the global consumption in 2016.

Companies are constantly striving to consolidate their presence through product development, regional expansions, and application diversification strategies. Innovative and cost-effective products that meet both end-user specifications and regulatory standards are key determinants for competitive edge.

Access Research Report of Refrigerant Market@ https://www.grandviewresearch.com/industry-analysis/refrigerant-market

Further key findings from the report suggest:

  • The global refrigerant demand was estimated at 1.73 million tons in 2016 and is expected to rise at a CAGR of 5.4% from 2017 to 2025
  • The United Nations Framework Convention on Climate Change has played a pivotal role in regulating the use of refrigerant products and has compelled industry participants to develop alternative sources
  • Europe is the second largest consumer, with the mobile air conditioning, industrial, and commercial refrigeration sectors exhibiting strong demand. A standard environmental policy across EU has impelled regional manufacturers to invest extensively in R&D
  • The hydrocarbon refrigerant segment is expected to witness a CAGR of 8.9% in terms of volume over the forecast period. Energy efficiency, low cost, and ecofriendly nature of the product are key traits positively influencing demand
  • Domestic refrigeration is estimated to emerge as the most promising segment in terms of volume, exhibiting a CAGR of 6.2% over the forecast period
  • Some of the key players in the market are Honeywell International, Daikin Industries Limited, Arkema S.A., Linde Group, and The Chemours Company.

Grand View Research has segmented the global refrigerant market on the basis of product, application, and region:

Refrigerant Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

  • Fluorocarbon
  • Hydrocarbon
  • Inorganic
  • Others

Refrigerant Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

  • Industrial Refrigeration
  • Domestic Refrigeration
  • Transport Refrigeration
  • Commercial Refrigeration
  • Stationary Air Conditioning, Chillers & Heat Pumps
  • Mobile Air Conditioning

Refrigerant Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

  • North America
    • US.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK.
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa
    • Saudi Arabia

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research    reports, customized research reports, and consulting services. To help clients make informed business    decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Automotive Polymer Composite Market is Projected to Boost USD 11.6 Billion by 2025

 The global automotive polymer composites market size is expected to reach USD 11.6 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.8% during the forecast period. Polymer, metal, and ceramic matrix composites are key composites used in the automotive industry.

The use of polymer matrix composites on a large scale in the manufacturing of exterior components such as rear windshield glazing, fender, panoramic roof modules, wheel covers, headlight lenses, headlight housings, bumper, and front grille is expected to drive the market over the forecast period. The automotive industry is witnessing challenges in aligning production or assembly processes with enhanced material properties and innovative product design, especially for large-volume production facilities. Although aluminum and steel are mostly used in lightweight vehicles, high-performance FRP composites can potentially outperform both aluminum and steel.

Private collaborations between companies in automotive and chemical industries, such as Toray and Daimler, SGL and BMW, SGL and Volkswagen, and Toho Tenax and General Motors, have substantially helped in the allocation of resources in the automotive polymer composites industry. For instance, in 2014, BMW-SGL announced an investment of approximately USD 200 million to triple the production capacity of its CFRP plant located in Moses Lake, Washington, U.S.

Product innovation is one of the key challenges faced by companies operating in the market. Manufacturers are aiming at reducing costs and increasing efficiency of products. Implementation of passenger safety laws such as the Federal Motor Vehicle Safety Standards (FMVSS) is anticipated to drive the automotive polymer composites market over the forecast period. 

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https://www.grandviewresearch.com/industry-analysis/automotive-polymer-composites-market

Further key findings from the study suggest:

  • Demand for automotive polymer composites from electric vehicles is expected to rise at an estimated CAGR of 7.0% from 2017 to 2025 due to increasing focus on using lightweight materials
  • Vinyl ester-based polymer composites are expected to witness the highest growth over the forecast period. These composites are used in mainstream automotive applications such as sunroof, radiator assembly, and heat shields
  • In recent years, various initiatives have been undertaken to commercialize CFRP for use in mass production of vehicles. In order to sustain increasing competition, composite suppliers are forced to upgrade their capabilities to cater to higher volume segments
  • In April 2017, Solvay entered into a consortium with Bentley and Penso to develop high-volume composite technologies
  • Countries such as Japan, China, Vietnam, and Indonesia have laid down several policies pertaining to emission control, in keeping with EU’s emission standards

Grand View Research has segmented automotive polymer composites market on the basis of resin, product, application, end use, manufacturing process, and region:

Automotive Polymer Composites Resin Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Epoxy
  • Polyurethane
  • Polyamide
  • Polypropylene
  • Polyethylene
  • Polyester
  • Vinyl Ester
  • Other Resins

Automotive Polymer Composites Product Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Carbon Fiber
  • Glass Fiber
  • Natural Fiber

Automotive Polymer Composites Application Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Polyethylene
  • Detergent Alcohol
  • Synthetic Lubricants
  • Others

Automotive Polymer Composites End-use Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Conventional Vehicles
  • Electric Vehicles
  • Trucks & Buses

Automotive Polymer Composites Manufacturing Process Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • Compression Molding
  • Injection Molding
  • Sheet Molding
  • Resin Transfer Molding

Automotive Polymer Composites Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Central & South America

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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